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What is stagflation
Asked by Ananthapadmanabhan G Last Modified
Answer 
economics, we study mainly about four types of economies. These four types of economies are : vibrant economy , stagnant economy , developing economy and developed economy. Economic stagnation basically means stagnant economy. The word stagnant mean something which has no current or flow . Basically stagnant economy means a economy in which there is no development and nothing productive activity did happen from a long time. So it is considered as backward economy. Bhausaheb Damale sir Ahmadnagar maharshtra synergy career forum
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